The Canada-Nova Scotia Offshore Petroleum Board welcomes you to
Call for Bids NS08-1

The Call for Bids consists of two parcels, one in shallow water and one in deeper water.

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Infrastructure in the area includes the Sable Offshore Energy Project (SOEP) and a subsea gas pipeline to landfall in Nova Scotia. The Deep Panuke offshore gas project, which includes a second pipeline to landfall, is under development in the area.

Bids must be received by 4:00 p.m. Atlantic Time, October 30, 2008. Some highlights:

Summary - Parcel 1

Parcel 1 is in the Sable Subbasin where 23 discoveries have been made. Water depths range from 50-400m.

The parcel is surrounded by a producing gas field and two significant gas discoveries. It is 6 km from the SOEP North Triumph production platform and pipeline.

Parcel 2 is in the western region of the Scotian Basin, 275 km southwest of Sable Island in water depths of 150-2300m

There is considerable hydrocarbon potential within the reef margin facies of the Jurassic Abenaki formation - directly analogous to the Deep Panuke gas discovery with 1 Tcf original gas in place.

Wells targeting the Abenaki carbonate bank located on and near the parcel have encountered porous dolomitized intervals.

Potential for Tertiary age turbidite fan complexes exists, such as those interpreted on Exploration Licence 2407 directly adjacent to the parcel.

A number of salt-cored structures have been observed, outboard of the carbonate bank, with potential for deep water carbonate or draped clastic reservoirs.

Seismic and well data for the parcels is available in digital format from the Board's Data Management Centre: www.cnsopbdmc.ca.

Written Comments

The public is invited to submit written comments to the Board on the lands included in the Call for Bids. Such submissions will be considered by the Board before the issuance of Exploration Licences. The deadline for the submission of written comments is 4:00 p.m. Atlantic Time, October 16, 2008. For contact information, please click here.